Don't do this by yourself without a lawyer. Issuing securities is not like filing for a name change. Fraud in the issuance of a security is much more expansive than fraud in a commercial transaction. Any written communication you make will be held against you in the worst possible interpretation. Avvo has so many good business and securities attorneys you can choose from under the Find a Lawyer function located at both the top and bottom of each page.
PS - yes, there is a huge difference between a domestic and foreign investor in terms of regulation.
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Please retain a good tax and business lawyer!!! This is too complicated to"do it yourself". Your attorney will draft an Operating Agreement that will address the rights the investors and protect you.
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You likely need an offering circular describing your company, business, history and experience. This is a complex legal document with liability for any misstatements or omissions. You must hire an experienced securities lawyer to help you with it.
Oddly enough, sales to nonresident aliens are exempt, but you still need to consult a securities lawyer about it.
DISCLAIMERâ€”This answer is for informational purposes only under the AVVO system, its terms and conditions. It is not intended as specific legal advice regarding your question. The answer could be different if all the facts were known. This answer does not establish an attorney client relationship. I am admitted only in California. (Bryant) Keith Martin